Low-maintenance urban living in a fast-developing neighbourhood, ideal for young professionals or investors; secure complex with 24‑hour security, one bathroom and covered parking.
This modern studio unit offers a fantastic investment opportunity in a fast developing area, priced at R750 000. With a well-designed 25 sqm layout, the apartment maximizes space and functionality, making it ideal for young professionals or investors.
The unit is fitted with a gas stove, oven, and geyser, along with prepaid electricity, ensuring energy efficiency and cost control. Located in a secure complex with 24-hour security and access control, residents can enjoy peace of mind in a safe environment.
With an achievable rental income of approximately R7 037 per month, along with rates of R667 and levies of R601.71, this property presents excellent return potential and manageable monthly costs.
Listed for sale at R750,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 28 listings in Sheffield Beach
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 22% above the median. Floor size is 63% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 7,362 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
28 similar listings
Medium similar-home inventory in Sheffield Beach
Median time on market: 183 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Sheffield Beach offers a relaxed coastal lifestyle with beautiful beaches and a close-knit community, making it an ideal place for families and those seeking tranquility.
* Distances and amenities are approximate.